Valpey Financial Services LLC Boosts Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Valpey Financial Services LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8,907.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 689,133 shares of the company’s stock after purchasing an additional 681,482 shares during the period. Valpey Financial Services LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $73,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYG. Brighton Jones LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 6.9% in the 4th quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock valued at $277,000 after buying an additional 204 shares during the last quarter. AQR Capital Management LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 91.0% in the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock valued at $4,824,000 after buying an additional 28,598 shares during the last quarter. Russell Investments Group Ltd. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after buying an additional 316 shares during the last quarter. First Trust Advisors LP purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $732,000. Finally, Gamco Investors INC. ET AL purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $357,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $120.81 on Friday. The firm has a market cap of $53.23 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $88.59 and a 52 week high of $120.99. The firm has a 50-day moving average price of $109.28 and a two-hundred day moving average price of $106.97.

About SPDR Portfolio S&P 500 Growth ETF

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.